Wealth Without Bay Street 225: RESPs Explained | Reasons Why You Should Not Use An RESP PRE-ORDER A COPY OF OUR NEW BOOK! Don’t Spread the Wealth: How to Leverage the Family Banking System to Own All the Gold, Make the Rules, and Enjoy Generational Riches https://www.amazon.ca/Dont-Spread-Wealth-Leverage-Generational-ebook/dp/B0CW19QSGT/ Website: https://dontspreadwealth.com/ RESP is NOT the best choice for securing your child's future– don't let traditional savings plans limit your financial po...
Jun 26, 2024•54 min
Wealth Without Bay Street 224: The Power Of Infinite Banking In Your Family PRE-ORDER A COPY OF OUR NEW BOOK! Don’t Spread the Wealth: How to Leverage the Family Banking System to Own All the Gold, Make the Rules, and Enjoy Generational Riches https://www.amazon.ca/Dont-Spread-Wealth-Leverage-Generational-ebook/dp/B0CW19QSGT/ Website: https://dontspreadwealth.com/ Tired of traditional financial strategies that leave you feeling out of control? In this episode, we're joined by Kyle Fuller, the fo...
Jun 19, 2024•46 min
Wealth Without Bay Street 223: Thinking Big To Foster Global Change with Sir Darren Jacklin In this episode, we sit down with Sir Darren Jacklin, a global influencer and philanthropist, who has trained top executives across the globe and is now focused on global change through his ambitious philanthropic goals. Discover how Darren’s journey from living in a treehouse to impacting millions worldwide exemplifies the boundless potential of setting colossal goals. We'll explore his unique “Idea Part...
Jun 12, 2024•40 min
Wealth Without Bay Street 222: Use infinite banking to buy a business | Jim Oliver Do you want to avoid traditional financial strategies that leave you feeling stuck? In this episode, we dive deep into the Infinite Banking Concept (IBC) and how it can be a game-changer for entrepreneurs looking to buy and scale businesses. Join us as Jim Oliver, a seasoned Infinite Banking practitioner, reveals the secrets to creating a financial tailwind using this powerful strategy. Discover how real-world bus...
Jun 05, 2024•55 min
Wealth Without Bay Street 221: Pioneering Disease Detection with Advanced MRI Technology How can Imaginostics, a cutting-edge technology, transform early disease detection and treatment? In this episode, we discuss the technology behind Imaginostics. Our guests, Codi Gharagouzloo and Valerie Gharagouzloo, discuss the integration of advanced MRI technology with nanoparticle imaging to enhance medical diagnostics, paving the way for a new era in healthcare. Tune into this episode to learn about th...
May 29, 2024•57 min
Wealth Without Bay Street 220: Explaining The Infinite Banking Concept To Communities with The Cash Compound In this episode, we're diving deep into the Infinite Banking Concept, shedding light on how you can be your own banker, and exploring its profound impact on families. Joined by the dynamic duo, Jeremiah Dew and Jonah Dew, this discussion is more than just financial advice—it's a revolution in your economic thinking. Also known as the “banking brothers,” Jeremiapersoh and Jonah share their...
May 22, 2024•50 min
Wealth Without Bay Street 219: Is Infinite Banking Worth It? Scott Butt's Transformation How can Infinite Banking revolutionize your financial life? In this episode, we delve into the powerful story of Scott Butt and his journey with the Infinite Banking Concept (IBC). Discover how Scott transformed his financial approach, creating more wealth and gaining independence, as we unpack the essentials of Infinite Banking, its benefits, and how you can apply its principles to achieve financial freedom...
May 15, 2024•42 min
Wealth Without Bay Street 218: Real Estate Investor Uses Infinite Banking in Quebec Canada How can you maximize your real estate investments in Quebec? In this episode, we dive deep into the innovative strategies behind successful real estate investments in Quebec, Canada. We are joined by Axel Monsaingeon, a trailblazer in Quebec's real estate scene, who shares his journey from the corporate world to becoming a real estate mogul. Discover how integrating the Infinite Banking Concept has revolut...
May 08, 2024•41 min
Wealth Without Bay Street 217: Federal Budget 2024: Capital Gains Tax Increase How will the Canadian 2024 Federal Budget and Capital Gains Tax Increase affect you? In this episode, we dive into the Federal Budget 2024's significant changes, particularly the increase in the capital gains tax. With expert insights, we unravel how these adjustments could impact Canadian investors, entrepreneurs, and property owners. Prepare for a clear breakdown of what this means for your financial strategy and in...
May 01, 2024•52 min
Wealth Without Bay Street 216: Building a Family Financial Legacy Through Infinite Banking How do you create a lasting financial legacy for your family? In this episode, join us as we sit down with the dynamic duo, Darius and Carmen Britt, from the popular Wealth Nation YouTube channel. We dive into their transformative journey with the Infinite Banking Concept, exploring how it's not just about personal financial growth but building a robust financial legacy for the entire family. Don't miss ou...
Apr 24, 2024•52 min
Wealth Without Bay Street 215: Infinite Banking Concept After Age 55, Can I Do It? Can you do the Infinite Banking Concept even after 55 years of age? In this episode, we go into a deep discussion whether the Infinite Banking Concept can work for individuals over the age of 55. We explore real-life examples and discuss both the potential and the limitations of starting this financial strategy later in life. Also, we'll shed light on what you need to have in place to make it work for you at this ...
Apr 17, 2024•1 hr 20 min
Wealth Without Bay Street 214: Replacing Your Salary with Real Estate Ready to revolutionize your financial future with time-tested strategies? In this episode, we discuss the power of sustainable financial growth through real estate and the Infinite Banking Concept with Donny Mangos, a wealth strategist and real estate aficionado. Discover how Donny has transformed his approach to wealth creation and how these strategies can be seamlessly integrated into your life for long-term financial indepe...
Apr 10, 2024•59 min
Wealth Without Bay Street 213: What Problem Does Infinite Banking Solve? Eager to uncover the silent culprit behind financial constraints? In this episode, we delve into the core of what Infinite Banking aims to solve, with our special guest, Dan Allen. We're peeling back the layers of the financial hurdles that families, entrepreneurs, and business owners face. Rethinking your financial strategies can lead to greater independence and control over your wealth. Tune in and discover how to turn fi...
Apr 03, 2024•35 min
Wealth Without Bay Street 212: The Go Giver Mindset With Bob Burg and Sarbloh Gill Are you ready to transform your approach to success and financial independence? In this episode, we dive deep into the Go-Giver Mindset with best-selling author and renowned speaker, Bob Burg. Discover the transformative power of giving more in value than you take in payment. Whether you're an entrepreneur, a leader, or someone exploring the Infinite Banking Concept, this dialogue is your gateway to redefining suc...
Mar 27, 2024•36 min
Wealth Without Bay Street 211: Wealth Creation Through Real Estate Wondering how to turn real estate into real wealth? In this episode, we unravel the secrets of wealth creation through real estate with Meghan Hubner, a seasoned independent consultant dedicated to guiding established businesses on their journey to sustainable growth. Meghan shares her transition from the healthcare industry to real estate consulting, offering unique insights into the challenges and opportunities within the real ...
Mar 20, 2024•49 min
Wealth Without Bay Street 210: Upgrading Your Wealth By Upgrading Your Health Can upgrading your health be the secret to boosting your wealth? In this episode, we're diving into the powerful link between your health and financial success. Joined by Barton Scott, Founder and CEO of Upgradedformulas.com, we explore how innovative health solutions can lay the groundwork for financial prosperity, especially for those intrigued by the Infinite Banking Concept. Discover the transformative potential of...
Mar 15, 2024•44 min
Wealth Without Bay Street 209: Buying a House with the Infinite Banking Concept In today's Client Series episode, we have the pleasure of welcoming Adam Marshall to our show. With an impressive track record as a Hall of Fame and Lifetime Achievement awardee for Re/Max in Ontario, his expertise in the real estate industry spans over two decades. From countless houses sold to every type of transaction imaginable, Adam has truly seen it all. He openly expresses his early reservations about life ins...
Mar 06, 2024•41 min
Wealth Without Bay Street 208: Infinite Banking Nuances and Your Behavior The insurance industry still suffers from a negative reputation due to the turn-and-burn method of selling. Instead of prioritizing service, salespeople focus solely on meeting goals and earning commissions. Understanding the importance of a professional advisory relationship is the key to building a long-lasting plan that will support you throughout your entire life. Ryan Griggs, the founder and principal advisor of Grigg...
Feb 28, 2024•52 min
Wealth Without Bay Street 207: Tax Reporting Rules That Suck! Watch Out For Trusts! Are you involved in a bare trust arrangement? Currently, we are at the one-year mark since Bill C-32 was enacted. This means that we are now entering the first tax reporting season under this law, covering an entire tax year. This bill, which initially seemed harmless, will potentially cause some unexpected issues. So, what does this mean for the average Canadian consumer? If you want to stay ahead and understand...
Feb 21, 2024•40 min
Wealth Without Bay Street 206: Finding the Perfect Storm in Real Estate Investing If you have ever tried to start, grow, and expand a Real Estate portfolio, you have likely realized that it is not as easy as you want it to be. Real Estate entrepreneur Russell Westcott shares tales from the trenches of his 25 years as an investor and capital raiser. One of the most valuable lessons he has learned is to be unafraid of trying and to put aside your ego when mistakes, even catastrophic ones, occur. F...
Feb 14, 2024•50 min
Wealth Without Bay Street 205: Next Level Income with the Investment Optimizer Want to learn the secret to creating a high-performing opportunity fund capable of transacting over $1 billion in real estate? Look no further because we have Chris Larsen, the expert who has accomplished just that! At a young age of 21, Chris began his real estate journey by acquiring his first rental property. Since then, he has retired from his medical career to focus on coaching others and helping them maximize th...
Feb 07, 2024•47 min
Wealth Without Bay Street 204: Can You Get Rich Buying Cars? The enticing advertisements are everywhere, floating across various platforms, claiming that buying cars can make you rich or help you create wealth. Most people in Canada and the United States are acquiring cars through different means like cash payments, leasing, or financing. But here's an interesting concept: Infinite Banking. It revolves around reclaiming the interest you would have otherwise paid to someone else. It's an intrigui...
Jan 31, 2024•49 min
Wealth Without Bay Street 203: How Soon Can I Stop Paying Premiums with Infinite Banking? In Canada, many people have been conditioned by their past experiences, knowledge, and behavior to perceive insurance as an expense. This often leads to the question: when can I stop paying for this expense? It's a mindset we commonly have. But as coaches, our aim is to help people overcome this and realize that by changing our thinking, we can start asking more empowering questions. Instead of wondering wh...
Jan 24, 2024•51 min
Wealth Without Bay Street 202: Income Splitting Strategies for Couples in Canada Curious about how to split income with your partner or spouse? It's a question on everyone's mind, especially when the rules keep changing and it becomes a myriad of complications. People are eager to find ways to maximize their tax benefits. Our good friend, Dan Allen, joins us to discuss the concept of income splitting. Dan, being a seasoned individual with experience under various governments and tax environments...
Jan 17, 2024•45 min
Wealth Without Bay Street 201: How to Melt Down Your RRSP: Case Study Looking for a strategy to handle a potential RRSP meltdown? We've got you covered! Our sample plan generally requires a time commitment of at least 6 years. In this real example we accomplished for client Peter, we helped him navigate the process of withdrawing $300,000, while ensuring all taxes are taken care of. The key here is to focus on putting this money into a contractually guaranteed and financially secure solution, of...
Jan 10, 2024•1 hr 6 min
Wealth Without Bay Street 200: 1st Episode of 2024 “New year, new me” is a thing of the past. How about a New Decade resolution instead? With a decade ahead of us, we have room for growth and forgiveness. Let's focus on gradual and steady progress towards our goals. Reflect on the past, decide what you want to leave behind, and envision all the amazing things that will accompany you on this journey. Remember, small consistent efforts will lead to big results. Let's strive to build our best decad...
Jan 03, 2024•36 min
Wealth Without Bay Street 199: Cracking The Health and Wealth Code At our company, we emphasize the importance of protecting not just your finances but also prioritizing your health as a valuable asset. Just as you rely on advisors to handle your money matters, having guidance for your well-being is equally crucial. In this episode, we have Lisa Brooking, the CEO of Healthcode Medical Inc., joining us to discuss the value of functional medicine which gets to the root cause of health issues and u...
Dec 27, 2023•40 min
Wealth Without Bay Street 198: 2024 Canadian Tax Changes, CPP And Economic Updates Simply put, inflation works as a sneaky tax on your income. It affects every dollar you make, ultimately reducing the amount of what you can keep. As Canadians, we are constantly burdened with punishing taxes, including some that are not widely known, that drain more of our hard-earned money. How can we fight back against this invisible tax? Are there any new changes and economic updates in Canada we should prepar...
Dec 20, 2023•1 hr 22 min
Wealth Without Bay Street 197: Self Leadership: How To Achieve Becoming Your Own Banker If you find yourself complaining and feeling like a victim of the banking system, it's time to take charge and change the equation. Mike Sambrook, the Principal of Brackish Consulting Group and an IBC practitioner, puts it perfectly: many individuals miss out on unlocking generational wealth simply because they struggle to understand their current situation and are unsure about their desired destination. This...
Dec 13, 2023•50 min
Wealth Without Bay Street 196: How to Achieve Personal and Financial Sovereignty We are witnessing a concerning trend: federal authority is encroaching on the jurisdiction of the provinces in Canada. This limits the decision-making power that the provinces are entitled to under our constitutional rights. In this episode, we have a conversation with Jay Martin, an investor and CEO, who highlights the consequences of this interference. When our local economies are hindered and our ability to gover...
Dec 06, 2023•1 hr 9 min
